easyJet plc (EZJ) PT Lowered to GBX 975

easyJet plc (LON:EZJ) had its price target cut by BNP Paribas from GBX 1,015 ($12.68) to GBX 975 ($12.18) in a research report issued on Monday. The firm presently has a “neutral” rating on the stock. BNP Paribas’ price objective suggests a potential downside of 8.96% from the stock’s current price.

A number of other equities analysts also recently issued reports on the company. HSBC upped their price target on easyJet plc from GBX 1,150 ($14.37) to GBX 1,300 ($16.24) and gave the stock a “buy” rating in a research report on Wednesday, November 16th. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research report on Wednesday, November 16th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 950 ($11.87) price target on shares of easyJet plc in a research report on Wednesday, November 16th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 935 ($11.68) price target on shares of easyJet plc in a research report on Wednesday, November 16th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 1,050 ($13.12) price target on shares of easyJet plc in a research report on Tuesday, November 15th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the company’s stock. easyJet plc currently has a consensus rating of “Hold” and a consensus target price of GBX 1,312.72 ($16.40).

easyJet plc (LON:EZJ) opened at 1068.00 on Monday. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,771.00. The company’s market cap is GBX 4.21 billion. The stock has a 50 day moving average price of GBX 966.94 and a 200 day moving average price of GBX 1,158.46.

The company also recently declared a dividend, which will be paid on Friday, March 17th. Stockholders of record on Thursday, February 23rd will be issued a dividend of GBX 53.80 ($0.67) per share. The ex-dividend date of this dividend is Thursday, February 23rd. This represents a dividend yield of 4.95%.

In other news, insider Brocklesby,Chris sold 2,294 shares of the firm’s stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($14.91), for a total transaction of £27,367.42 ($34,192.18).

easyJet plc Company Profile

easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.